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Intellitech is a technology firm that has been in operating for two years. In the most recent year, the firm reported revenues of $500 million,
Intellitech is a technology firm that has been in operating for two years. In the most recent year, the firm reported revenues of $500 million, five times revenues in the previous year. The firm also reported an operating loss of $400 million. You expect revenues to grow 100% next year, 80% the year after and 40% a year for the following three years and the pre-tax operating margin to improve in linear increments to 10% by the fifth year, Estimate the revenues and operating income each year for the next 5 years
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